12) The Government of India announces Minimum Support Price (MSP) for which of the following crops?
Question
12) The Government of India announces Minimum Support Price (MSP) for which of the following crops?
Solution
The Government of India announces Minimum Support Price (MSP) for various crops. The crops for which MSP is announced include:
- Wheat
- Rice
- Maize
- Barley
- Mustard
- Sunflower
- Soybean
- Cotton
- Sugarcane
- Pulses (such as lentils, chickpeas, and pigeon peas)
These are some of the major crops for which the government sets a minimum price to ensure that farmers receive a fair and remunerative price for their produce. The MSP helps in stabilizing agricultural prices and providing income security to farmers.
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